Press Release

Akiri to Create First Network-as-a-Service Platform Optimized for Healthcare

With Seasoned Team and $10M from Health2047, Akiri is Building a Trusted Data Transport Network Service Encompassing Blockchain Technology

SAN FRANCISCO,Jan. 3, 2018 — Akiri™ launched today to bring the first network-as-a-service (NaaS) platform to the entire healthcare industry. Development is currently underway for its initial product, Akiri Switch™, which is a subscription-based data network that enables any type of health information to move seamlessly and securely throughout the U.S. healthcare system.

Akiri was the first company to spin out of Health2047, an integrated innovation enterprise whose founding investor is the American Medical Association. Formerly known as Health2047 SwitchCo, the new company began with a $10 million Series A investment, a core group of founding executives, and significant market interest in its open approach to building trusted infrastructure for private data transport. Now Akiri, the company has quickly built out its engineering bench, attracting key engineering talent from Apple, Cisco, GE Healthcare, Stanford, VMWare, and other recognized market innovators.

Akiri Switch will be a vendor-agnostic solution using software-defined network (SDN) and secure routing protocol technology optimized for healthcare data. It employs blockchain technology to help securely transmit information through a standardized system of codes. The company’s first collaborator is Celgene Corporation.

“We must advance and embrace new technologies that have the potential to create truly meaningful market impact at the system level,” said Dr. James L. Madara, CEO of the American Medical Association (AMA). “The data liquidity problem that physicians and other healthcare stakeholders currently face needs to be solved because it’s one of the biggest barriers to improving the patient-physician relationship.”

Health2047 is a Silicon Valley-based innovation enterprise developing and commercializing solutions in the areas of data liquidity, chronic care, productivity, and payments to significantly change U.S. healthcare at the system level. The company’s deep relationships with both the American Medical Association (AMA) and its network of strategic partners create a unique force multiplier that helps drive large-scale changes in healthcare. For more information about the company, please visit http://www.health2047.com.